AN ACT CONCERNING A STUDY OF A CONNECTICUT OPTION FOR AFFORDABLE HEALTH CARE, HEALTH INSURER REQUIREMENTS FOR CERTAIN GENERIC DRUGS, TAX CREDITS FOR SMALL BUSINESS HEALTH CARE ARRANGEMENTS AND WORKER PORTABLE BENEFIT ACCOUNTS.

HB 5041 requires the state to study establishing a "Connecticut Option program" designed to lower health insurance premiums. The Office of Policy and Management must analyze program design, potential cost-saving mechanisms (like provider reimbursement models and state-funded risk programs), and impacts on the insurance market. This study, with interim and final reports due in 2027 and 2028, will evaluate whether the program could qualify for federal funding via a waiver under the Affordable Care Act. The bill itself does not change coverage or costs but sets the groundwork for potential future implementation by state agencies.